Insolvent Companies Now Free To Sue Fraudulent Directors A significant and long-awaited judgement has ruled that directors guilty of wrongdoing can now be sued by insolvent companies. The ruling was made in the... Read More
Key Findings from the Q1 2015 Company Insolvency Statistics The latest statistics from the Insolvency Service have been released depicting the corporate insolvency landscape from January to March 2015; and for business owners in... Read More
Company Insolvency Rule Changes Result in a Better Deal for Landlords Changes to insolvency rules which are designed to reduce the cost of administrations and company liquidations will result in a better deal for landlords. The... Read More
VAT Conman Sunk after Investing Proceeds in Replica U-Boat A businessman who funded a fantasy lifestyle by stealing from the public purse has had three businesses wound-up and been jailed for four years. An... Read More
HMRC investigation and disqualification of Tax Dodging Directors We start the new tax year with two directors who have received a directors disqualification order and a bankruptcy restriction for failing to fulfil their... Read More
Administration, Liquidation and a 24 Year Ban for Marketing Chiefs Three tax dodging directors have been handed a combined 24-year ban and had their businesses wound up for defrauding the public purse. Glenn Andrew Delaney,... Read More
Compulsory Liquidation for Investors’ ‘Recovery Service’ A company purporting to help victims of investment scams recover their money has been ordered into compulsory liquidation by the High Court on the grounds... Read More
Wrongful Trading Property Tycoons Disqualified for 10 years A father and son team of would-be property tycoons have been banned from acting as directors for a combined 10-and-a-half years for failing to comply... Read More
Compulsory Liquidation for Six Firms Involved in £26.5million Scam Six companies that were part of a scheme which abused the insolvency regime have been forced into compulsory liquidation by the High Court. The businesses... Read More
Winding up Petition reveals £1.5m VAT Scam The director of a recruitment company for the construction industry has been disqualified for 11 years for his part in an elaborate VAT scam. Ravinder... Read More
Kent Entrepreneur of the Year Banned for Creating False Documentation before Company Liquidation The former Kent Entrepreneur of the Year has been disqualified as a director for 12 years after failing to maintain his award-winning performance. Alan James... Read More
New Rules Cap Liquidation Fees New rules laid out in Parliament on 3 March 2015, are to be introduced in England and Wales to improve the transparency of the costs... Read More